Albany, NY -- (SBWIRE) -- 11/30/2016 -- In recent times, the need for real-time monitoring of vehicles carrying goods has increased significantly to ensure on-time and safe delivery, which, in turn, has increased the demand for connected logistics. Connected logistics services generate high volumes of data and a variety of information that can be stored and analyzed with the highest level of accuracy. Connected logistics can be useful at all stages of the logistics supply chain such as warehousing, transportation, and final delivery.

The global connected logistics market to grow at a CAGR of 29.72% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global connected logistics market for 2016-2020. To calculate the market size, the report considers the revenue generated by vendors by providing the various technology and services to customers such as software services, IT services, and hardware devices has been taken into consideration.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Connected Logistics Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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